Awards for AoG.
Energy, who are developing two much larger fields nearby and were required by Israel to sell off other discoveries in an effort to open up the sector to competition. Rather than piggyback off that group’s infrastructure, an idea previously floated by some experts, Energean plans to lease its own floating production, storage and offloading (FPSO) vessel and build a separate pipeline to Israel. “We are going to be a totally independent system,” CEO Mathios Rigas told Reuters, adding that a combination of local and international banks will help finance the $1.3-$1.5 billion needed. Before making a final investment decision, which is expected in December, the Israeli government must first approve the development plan and Energean needs to secure sales contracts for 3 billion cubic meters of gas per year, Rigas said.
Aluminium of Greece, a member of the Mytilineos Group, picked up two distinctions at the Health & Safety Awards 2016, organized by Boussias Communications. The company collected the top award in the “Alumina and Aluminium Production and Trading” category for implementing consultations with its stakeholders on the issue of health and safety in the workplace, and the gold award in the “Activities” category for informing its employees about issues of health and safety via its “Western Hemisphere” communication project.